Active Listings
125
⇧ 11.6% vs 112 last year
Data as of February 2026. Source: Realtor.com.
The NEW ORLEANS, LA real estate market (70123) currently shows 125 active listings, with 32 pending sales. Homes are averaging 88 days on the market before going under contract.
Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.
The median listing price has fallen 9.9% year-over-year, from $376,000 to $338,675.
Whether you are buying or selling in NEW ORLEANS, LA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 27,633 · Density: 1,407.4/mi² · Median household income: $78,415
Typical home value: $292,857 · Homeownership: 59.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 70123 | New Orleans, LA 70123 | 0.0 mi | 123 | $55,402,029 | $346,600 | $450,423 |
| 70121 | New Orleans, LA 70121 | 2.8 mi | 70 | $22,857,030 | $314,450 | $326,529 |
| 70003 | Metairie, LA 70003 | 3.3 mi | 164 | $56,118,996 | $300,000 | $342,189 |
| 70006 | Metairie, LA 70006 | 4.4 mi | 61 | $23,818,243 | $359,900 | $390,463 |
| 70002 | Metairie, LA 70002 | 4.8 mi | 76 | $35,137,764 | $369,000 | $462,339 |
| 70031 | Ama, LA 70031 | 5.5 mi | 2 | $394,500 | $197,250 | $197,250 |
| 70125 | New Orleans, LA 70125 | 6.1 mi | 75 | $26,734,575 | $325,000 | $356,461 |
| 70087 | Saint Rose, LA 70087 | 6.8 mi | 10 | $2,397,110 | $239,000 | $239,711 |
| 70119 | New Orleans, LA 70119 | 7.2 mi | 137 | $55,736,532 | $324,000 | $406,836 |
| 70112 | New Orleans, LA 70112 | 7.7 mi | 50 | $31,932,050 | $382,000 | $638,641 |
| 70116 | New Orleans, LA 70116 | 8.5 mi | 195 | $114,985,455 | $399,000 | $589,669 |
| 70053 | Gretna, LA 70053 | 9.4 mi | 56 | $14,972,216 | $249,900 | $267,361 |
| 70047 | Destrehan, LA 70047 | 9.7 mi | 60 | $23,089,980 | $312,450 | $384,833 |
As of February 2026, there are 125 active listings in NEW ORLEANS, LA (zip code 70123), compared to 112 the prior year.
The median listing price in NEW ORLEANS, LA 70123 is $338,675 as of February 2026, a 9.9% decrease from $376,000 the prior year.
Homes in NEW ORLEANS, LA 70123 spend an average of 88 days on the market before going under contract, compared to 88 days the prior year.
Based on current inventory and days-on-market data as of February 2026, NEW ORLEANS, LA 70123 is currently a Balanced Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.
With SELL123.com's maximum 3% commission, sellers in NEW ORLEANS, LA 70123 save an estimated $6,774 compared to a typical 5% commission on the median listing price of $338,675. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.